Iran war fallout raises odds of a U.S. recession, economists say
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
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Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
CBS News business analyst Jill Schlesinger joins Major Garrett on "The Takeout" to break down the state of U.S. banks and artificial intelligence's role in the economy. She simplifies the Federal Reserve's recent string of interest rate increases and its level of effectiveness. Given inflation and several recent bank failures, Schlesinger also weighs in on whether our current economic woes signal that a recession is near.
The fate of Europe's financial system - and possibly the world's - hinges on Greece and its acceptance of a bailout plan, reports Mark Phillips.
New government data reveals the U.S. economy saw a major surge in the third quarter of 2025. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the results.
The Labor Department was scheduled to release its weekly jobless claims on Thursday, but the agency withheld that report because of the government shutdown. Despite that, the ADP National Employment Report, which looks at the private sector in the U.S., is offering a different glimpse into the job market. CBS News MoneyWatch correspondent Kelly O'Grady breaks down the findings.
"Face the Nation" moderator Margaret Brennan speaks with U.S. Trade Representative Jamieson Greer. More of their interview will air Sunday on "Face the Nation."
A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of President Trump's tariff policies going into effect. David Tinsley, senior economist at the Bank of America Institute, joined CBS News to discuss the report.
Business leaders are feeling more optimistic about the U.S. economy despite ongoing uncertainty stemming from tariffs.
Fed chairman discusses recession, financial rescues and recovery in wide-ranging "60 Minutes" interview.
Jerome Powell tells Scott Pelley if the Fed will raise interest rates again, gives his view on whether or not President Trump can fire him and outlines the current risks to the U.S. economy.
Federal Reserve Chairman Jerome Powell shares his outlook on the U.S. economy and tells 60 Minutes whether or not another interest rate hike is on the horizon
Jerome Powell tells "60 Minutes" he fully intends to serve his four-year term.
Jerome Powell tells 60 Minutes about the factors that have led the United States to have a lower labor force participation rate than almost every other advanced country
Americans' feelings about the economy have improved slightly, but many are still concerned about the state of their finances, according to a new CBS News poll. Anthony Salvanto breaks down the numbers.
The upcoming Consumer Confidence Index report may impact Americans during a period of economic uncertainty for many. CBS News contributor Javier David has more on what to expect.
In a wide-ranging interview on NBC's "Meet the Press" over the weekend, President Trump said a recession, in the short term, would be "ok." CBS News White House reporter Aaron Navarro has more.
Consumer sentiment fell more than 8% in March, according to a survey from the University of Michigan, marking the fourth straight decline. CBS News MoneyWatch correspondent Kelly O'Grady joins "America Decides" to assess what the figure could say about the state of the economy.
The International Monetary Fund is sounding alarms about slowing economic growth and the potential for a U.S. recession rising. This comes as President Trump walks back comments about Fed Chair Jerome Powell's firing and as his take on a trade deal with China. CBS News contributor Javier David has more.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump hints at more tariffs ahead as concerns grow over possible recession; U.S. tanker collides with a cargo ship off of U.K. coast.
JPMorgan CEO Jamie Dimon warns that tariffs are likely to boost inflation, while urging the Trump administration to strike trade deals.
Stock markets slumped on Thursday, erasing much of the previous day's gains as investors continue to navigate President Trump's tariff strategy. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.
President Trump announced Wednesday that he is raising tariffs on China to 125% and pausing tariffs for several other countries. Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, joins "America Decides" with his take on inflation, tariffs and possible Fed moves.
The Dow, Nasdaq and S&P 500 closed in negative territory Tuesday as investors continue to reel from President Trump's global tariffs. Martin Baccardax, senior editor and chief markets correspondent at TheStreet, joins "America Decides" to examine how the escalating trade war could impact the global economy and whether trade deficits are inherently bad.
A stock market rally fizzled by Tuesday's closing bell, with the Dow Jones wiping out a 1,400-point gain and all three major indexes closing in the red ahead of the midnight deadline for President Trump's sweeping tariffs. CBS News' Kelly O'Grady and Jennifer Jacobs have more.
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
The plane was evacuated because of smoke in the aircraft after the collision, according to the flight crew.
President Trump said Saturday he "expects to hear very soon" from the Iranians.
Former reality TV star Spencer Pratt opened up about his run for mayor of Los Angeles in an exclusive interview with CBS News.
The Victory Day celebrations didn't include a show of heavy weapons for the first time in nearly two decades.
Péter Magyar's center-right Tisza party defeated Orbán's nationalist-populist Fidesz in a stunning blow last month.
The San Luis Obispo County Sheriff's Office has concluded its latest search connected to the disappearance of Kristin Smart, but officials say her remains were not recovered.
Several people were hurt after a possible boat explosion Saturday near the Haulover Sandbar in Miami, Florida.
Kirk Moore, the Oklahoma principal who tackled a gunman, sits down with CBS News for a network exclusive interview airing Monday on "CBS Mornings."
Beverly Hills detectives responding to the death of 67-year-old Violet Yacobi — who was found on the marble floor below a staircase in her mansion — suspected foul play and her dentist son, and wondered if the family fortune was a motive for murder.
Former reality TV star Spencer Pratt opened up about his run for mayor of Los Angeles in an exclusive interview with CBS News.
Cox managed the Braves for 25 seasons, winning the World Series in 1995.
The plane was evacuated because of smoke in the aircraft after the collision, according to the flight crew.
A pedestrian was hit by a Frontier airplane departing Denver for LA late Friday night, the airport and airline confirmed.
A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
ABC filed a petition with the FCC claiming that the agency's scrutiny of "The View" threatens to "chill critical protected speech."
Hiring once again exceeded forecasts, with employers adding far more than the projected gains of 65,000.
The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.
Former reality TV star Spencer Pratt opened up about his run for mayor of Los Angeles in an exclusive interview with CBS News.
The U.S. military's latest strike on an alleged drug-trafficking boat in the eastern Pacific Ocean killed two men Friday while leaving one survivor.
Alabama lawmakers have approved a plan for new House primaries if courts allow the state to use different congressional districts in this year's elections.
A trade court's ruling this week against a 10% U.S. tariff is narrow in scope, offering limited relief to importers. Here's what to know.
President Trump said the agreement will swap 1,000 prisoners from each country after Russia and Ukraine announced separate short-term ceasefire plans.
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
In just hours, the cruise ship at the center of a deadly hantavirus outbreak is expected to arrive in the Canary Islands. All the passengers will then be evacuated to their home countries, including 17 Americans. Ramy Inocencio reports and Dr. Jon LaPook has more on the virus.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
Maralee Lellio always dreamed of having a large family. A Stage IV cancer diagnosis almost caused her to lose hope.
In 2002, Zermeño found out he contracted hantavirus after cleaning the family house following the death of his mother and sister. He had been exposed to rodent droppings and became infected.
A Dutch-flagged cruise ship that was hit by a deadly hantavirus outbreak reached Spain's Canary Islands early Sunday morning.
The Victory Day celebrations didn't include a show of heavy weapons for the first time in nearly two decades.
Péter Magyar's center-right Tisza party defeated Orbán's nationalist-populist Fidesz in a stunning blow last month.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
British Prime Minister Keir Starmer pledged Saturday to revive the Labour Party after a disastrous set of local and regional elections.
In her latest book, "The Martha Way," Martha Stewart shares her classic methods for cooking – the building blocks essential to every home chef.
Adriana Diaz goes behind the scenes with her prep ahead of this year's Met Gala.
Hiss Golden Messenger is a project led by North Carolina singer-songwriter MC Taylor. The Grammy-nominated group blends multiple genres with earnest and reflective lyrics to create a unique sound. Here's Hiss Golden Messenger performing "Who You Gonna Run To?"
Hiss Golden Messenger is a project led by North Carolina singer-songwriter MC Taylor. The Grammy-nominated group blends multiple genres with earnest and reflective lyrics to create a unique sound. Here's Hiss Golden Messenger performing "Last Orders."
Hiss Golden Messenger is a project led by North Carolina singer-songwriter MC Taylor. The Grammy-nominated group blends multiple genres with earnest and reflective lyrics to create a unique sound. Here's Hiss Golden Messenger performing "In the Middle of It."
The online learning platform Canvas, which is used by 30 million students around the world, was hacked Thursday in a massive cyberattack. The platform is used by thousands of schools, including major universities. Jo Ling Kent reports.
A system that thousands of schools and universities use was offline due to a cyberattack.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
As more people turn to chatbots for financial advice, experts say AI offers both pros and cons for retirement planning. Here's what to know.
Fitness trackers started as devices for measuring workouts, but now they are designed for 24/7 monitoring and the passive collection of health data. Fitbit announced its latest device, called the Fitbit Air, to compete with other screenless trackers like the Whoop. Tech journalist Lexi Savvides joins CBS News with more.
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Beverly Hills detectives try to figure out how a widow ended up dead below a staircase in her mansion. "48 Hours" correspondent Erin Moriarty reports.
Beverly Hills detectives responding to the death of 67-year-old Violet Yacobi — who was found on the marble floor below a staircase in her mansion — suspected foul play and her dentist son, and wondered if the family fortune was a motive for murder.
The search for Michigan mother Lynette Hooker headed into a fifth week as Coast Guard investigators seek to question the owners of a sailboat that was moored near the Hooker's vessel when she went missing. Cristian Benavides reports.
CBS News homeland security correspondent Nicole Sganga returned to the Hilton Hotel in Washington, D.C., to better understand the security surrounding the White House Correspondents' Dinner. What she found was a 13-minute gap in security camera coverage in the moments leading up to the shooting.
A federal judge has made public an apparent suicide note written by convicted sex offender Jeffrey Epstein. CBS News' Anna Schecter reports.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
During World War II, CBS News Radio broadcaster Edward R. Murrow brought news of the war - with immediacy and empathy - into the homes of Americans. In this "Sunday Morning" report originally aired on May 7, 1995, Charles Osgood looked back at the journalist whose words helped listeners an ocean away see what he saw, from the London Blitz and the Allies' invasion of Europe, to the liberation of Buchenwald concentration camp.
Beverly Hills detectives try to figure out how a widow ended up dead below a staircase in her mansion. "48 Hours" correspondent Erin Moriarty reports.
This week, Pope Leo XIV marked one year since his historic election, from a low-profile priest from Chicago to one of the most recognizable people on the planet. Noel Brennan visited some of his biggest supporters.
Scientists have been stunned this week by hundreds of thousands of sea creatures washing up along the West Coast. Carter Evans reports.
Hall of Fame baseball manager Bobby Cox has died at 84 years old. His teams won five National League pennants and the World Series in 1995.